Category Useful

Flexible Learning with ACCA Online Courses

ACCA, Learning Provider, Online Provider, Online Study, How to pass ACCA

Study ACCA Qualification Online As an accountant, auditor, or anyone else in the financial field, pursuing further education through ACCA online courses can be an excellent way to enhance your skills and advance your career while working full-time. Here’s how:…

Understanding Company Audits in Singapore

Audit, Exemption, Requirement, Statutory Audit, Company Secretary, ACRA,

Understanding Company Audits in Singapore Introduction A statutory audit, necessary for examining a company’s financial records and statements, ensures compliance with statutory laws and regulations. In Singapore, the Companies Act mandates annual audits by qualified auditors or registered public accountants…

Understanding FRS 115: Percentage of Completion Method Simplified

Construction revenue account audit

Navigating FRS 115: Simplifying Revenue Recognition In today’s fast-paced business world, understanding accounting standards like FRS 115 is essential. FRS 115, also known as the Financial Reporting Standard 115, plays a crucial role in accounting, especially in revenue recognition. The…

Checklist for GST rate change preparation

GST rate change Singapore 2024

Planning for GST Rate Increase in 2024 As a business owner, it’s vital to stay responsive to tax changes. Here’s how to prepare for the upcoming GST rate increment. Updating Accounting Software Ensure your accounting systems are up-to-date to accurately…

Transfer Ownership of Shares

Share Transfer Processes in Business and Company

The Importance of Methodical Share Transfer Processes in Business Operations The share transfer process is a critical aspect of business operations, playing a pivotal role in structure, ownership transitions, and investment strategies. It involves the transfer of ownership of shares…

Benefits and Costs of Voluntary GST Registration in Singapore

Voluntary Goods and Services Tax (GST) registration can offer important advantages for Singapore businesses, but it also creates additional compliance responsibilities. Before registering, business owners should compare the potential GST benefits with the administrative costs and consider their customers, suppliers,…

Nominee Director in Singapore: Role and Requirements

Regulation in Singapore

A Nominee Director in Singapore can help foreign entrepreneurs meet the local director requirement when setting up a Singapore company. Singapore companies must have at least one director who is ordinarily resident in Singapore. For foreign business owners, finding a…

New Measures for Digital Payment Tokens (DPT) Providers

The Monetary Authority of Singapore (MAS) has introduced new measures for Digital Payment Tokens (DPT) service providers. These measures aim to protect customer assets and improve standards for digital asset services in Singapore. The measures focus on how DPT service…

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